Bank holidays in June 2025: Check full list
Banks in India will be closed on a number of days in June 2025 due to a combination of national and local festivals, as well as standard weekly offs. These holidays are announced by the Reserve Bank of India (RBI) under the Negotiable Instruments Act, and they might be different from state to state. It's good for customers to be aware of these dates beforehand so they can make arrangements for their banking requirements without any hassle.advertisementBanks will remain closed in June for significant festivals like Id-ul-Ad'ha (Bakrid), Sant Guru Kabir Jayanti, Saga Dawa, Ratha Yatra, and Remna Ni (Peace Day), apart from regular Sundays and second/fourth Saturdays.Bank Holidays in June 2025: Full ScheduleHere is the complete list of bank holidays in June 2025. The schedule includes national closures, regional holidays, and regular weekend offs as per the Reserve Bank of India (RBI) guidelines.June 1 (Sunday): Weekly Off – All banks closed across IndiaJune 6 (Friday): Id-ul-Ad'ha (Bakrid) – Banks closed in KeralaJune 7 (Saturday): Bakri ID (Id-Uz-Zuha) – Banks closed across IndiaJune 8 (Sunday): Weekly Off – All banks closed across IndiaJune 11 (Wednesday): Sant Guru Kabir Jayanti / Saga Dawa – Banks closed in Sikkim and Himachal PradeshJune 14 (Saturday): Second Saturday – All banks closed across IndiaJune 15 (Sunday): Weekly Off – All banks closed across IndiaJune 22 (Sunday): Weekly Off – All banks closed across IndiaJune 27 (Friday): Ratha Yatra / Kang (Rathajatra) – Banks closed in Odisha and ManipurJune 28 (Saturday): Fourth Saturday – All banks closed across IndiaJune 29 (Sunday): Weekly Off – All banks closed across IndiaJune 30 (Monday): Remna Ni – Banks closed in MizoramadvertisementYou can still avail online or mobile banking services even on national holidays — unless specifically notified to users due to technical or other grounds. In case of cash emergencies, ATMs remain operational for withdrawals, app and UPI business as usual.
The entire holiday calendar of the bank is notified by the RBI as per Negotiable Instruments Act provisions, which relates to drawing cheques and promissory notes. These instruments are hence unavailable on the holidays listed below.The RBI and the state governments devise a list of bank holidays, considering national and regional events, business needs, religious festivals and other cultural events. The central bank announces the same on its official website and notifications to banks and other financial institutions.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Time of India
an hour ago
- Time of India
Kotak Bank names Paritosh Kashyap as ED; Dy MD Ekambaram to retire
Mumbai: Kotak Mahindra Bank Saturday announced that Paritosh Kashyap , group president and business head of the wholesale banking group, will be appointed as whole-time director, designated as executive director, from November 1. Kashyap will succeed Shanti Ekambaram , the current deputy managing director, who is set to retire on October 31, 2025, upon completion of her term. Kashyap's appointment is subject to approval by the Reserve Bank of India (RBI). A Kotak veteran with more than three decades at the institution, Kashyap has been leading the wholesale banking business since 2022. His extensive experience spans structured finance, real estate, and debt capital markets. He also served as managing director and CEO of Kotak Mahindra Investments (KMIL) from 2016 to 2019 and is a member of the Group Management Council. Shanti Ekambaram, who joined the Kotak Group in 1991, has been instrumental in shaping the bank's growth across multiple strategic verticals, including investment banking , capital markets, corporate banking, treasury, 811, and consumer banking. Live Events KVS Manian, joint managing director at Kotak, resigned last April to join Federal bank as CEO after spending 30 years, while Ekambaram has completed nearly 34 years with the Uday Kotak-promoted bank. Ashok Vaswani , MD & CEO of Kotak Mahindra Bank, praised Ekambaram's legacy, calling her "a cornerstone of Kotak's journey," and expressed confidence in Kashyap's leadership, citing his "deep institutional knowledge, strategic foresight, and a strong customer-first mindset." "I am honoured and humbled to take on this new role and look forward to working with the team to build on our strong foundation and drive our strategy to transform for scale," Kashyap said.
Hans India
4 hours ago
- Hans India
Indian bond market shines amid falling inflation: Jefferies
Mumbai: The Indian bond market is showing strong performance as inflation continues to ease and expectations grow for further interest rate cuts by the Reserve Bank of India (RBI), according to a report by Jefferies. Inflation in India has been coming down steadily. Over the last financial year, average inflation was 4.6 per cent, and in April 2025, it dropped to just 3.2 per cent -- the lowest level since July 2019. This has given the RBI more flexibility to cut interest rates to support economic growth. So far, the central bank has already reduced policy rates by 50 basis points, and Jefferies predicts another 75 basis points of cuts by the end of 2025. These developments have made Indian government bonds more attractive, especially to long-term investors. In comparison to bonds from developed markets like the US, Indian bonds are currently offering better returns, the report said. Since April 2020, India's 10-year government bond, which is denominated in rupees, has outperformed the US 10-year Treasury bond by 51 per cent in US dollar terms. Jefferies noted that it is no longer unrealistic to think that the yield on India's 10-year bond might fall below that of the US 10-year Treasury bond. The strength of the Indian rupee and the solid performance of emerging market bonds are also boosting investor confidence. One global sovereign bond portfolio that Jefferies tracks now has India's 15-year bond as its largest holding, making up 25 per cent of the portfolio. The bond currently yields 6.38 per cent -- reflecting continued faith in India's fixed-income market as investors begin shifting away from G7 government debt. Jefferies added that Indian bonds are continuing to outperform G7 government bonds, which could signal a broader shift in the global financial system away from traditional powerhouses like the US and Europe. With inflation falling and real interest rates still attractive, India's bond market appears well placed to benefit from both domestic rate cuts and growing global interest in emerging market debt, the report added. For international investors looking to move away from the volatility of G7 bonds, India stands out as a promising option, offering high yields, a stable economy, and the possibility of currency gains, the report mentioned.
New Indian Express
5 hours ago
- New Indian Express
RBI's monetary policy decision, global trade negotiations to guide markets next week
Investors will keenly watch the Reserve Bank of India's (RBI) upcoming monetary policy decision for future market guidance. Additionally, market participants will monitor global developments, particularly trade tensions, to navigate the ongoing consolidation phase. India's equity market closed in the red this week. The subdued performance was primarily driven by global trade tensions and anticipation around domestic policy decisions. Benchmark indices, the Sensex and Nifty, experienced significant swings before closing lower amid uncertainty over U.S. tariff developments and caution ahead of the RBI's policy announcement. Both indices declined over 1%, with the Nifty ending at 24,750.70 and the Sensex at 81,451.01. 'Despite encouraging domestic cues, mixed signals from global markets kept investor sentiment on edge. Initially, optimism prevailed following the RBI's record dividend payout and positive updates regarding the monsoon. However, as the week progressed, concerns surrounding rising U.S. bond yields, trade tensions between the U.S. and the European Union, and the ongoing legal battle over U.S. tariffs weighed on market sentiment, limiting the scope for any meaningful recovery,' said Ajit Mishra – SVP, Research, Religare Broking. He added that looking ahead, all eyes will be on the outcome of the RBI's Monetary Policy Committee (MPC) meeting scheduled for June 6. The market is pricing in a 25bps cut, which will improve the outlook for rate-sensitive sectors.
